Insurance is becoming more and more important to the practicing physician, and a great deal of confusion exists concerning the different types that are available. This book is an excellent summary of all of the varieties of insurance to which a doctor is exposed, and it emphasizes the special aspects which are of most importance to him. The initial discussion concerns life insurance, and a well balanced approach to estate planning is presented. Some of the pitfalls which exist are also discussed with appropriate warning.
This is followed by an excellent summary of retirement programs, with emphasis on the Self-Employed Individual's Retirement Act of 1962. General advice is given concerning the establishment of a tax sheltered annuity. Other retirement programs are also outlined, such as participation in a group retirement investment plan and investment in a mutual fund. The important features of disability income insurance are outlined in the following